Matthieu Favas
Matthieu Favas is the editor of Agri Investor. He was previously the web editor of Infrastructure Investor, where he started in 2013 after a year as a reporter at Private Equity International. Prior to joining PEI he spent four years in the wine industry in London, Spain and Mongolia.
The transaction follows the UK firm’s investment in a 72MW plant last May.
The deal will see the AXA spin-off become a shareholder in the Italian firm’s management company, just days after the duo jointly invested in the country’s second-largest gas utility.
The firm’s ACEI division, currently on the road to raise $1bn, aims to deploy up to $800m on the African continent over the next four years.
Fresh commitments by USS, PGGM and OPTrust add to the €400m the FCC-Bankia joint venture had previously raised in 2011.
The fund, the original target for which was $750m, is already half invested.
The European renewables fund manager has garnered €250m for its latest vehicle, following a €50m commitment by the EIB.
The fund managers have increased their stake in the country’s second-largest distribution network, six months after F2i passed the €600m halfway mark in its latest fundraising effort.
The 30-year agreement will see a consortium led by Aéroports de Paris, Bouygues, Marguerite Fund and IFC invest €331m for the construction and maintenance of a new terminal in Croatia’s capital.
The €1.3bn Butendiek farm, backed by the likes of Marguerite Fund, Siemens, Industrien Pension and PKA, is due to be completed by mid-2015.
The revamped version of the Treasury’s £375bn National Infrastructure Plan sets out new projects sponsored by the program, which has been used only once in 15 months.